Performance Management At Cumulus 1 (C1 Corporation

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As a valued employee of Cumulus 1 (C1) Corporation I wanted to share a few outstanding concepts that I have learned recently through my master’s in business intelligence degree program. These concepts are useful as a small our executive to employee communication toolbox or as a business tactic with the potential to unite C1 employees behind our corporate strategy. Performance management is a organic business tool that utilizes the most powerful source of energy in the universe the innovation created through human intelligence, in real time.
Performance Management Fusion
Performance management primary function is simple but powerful. Performance management unlocks human intelligence through empowering all employees with the knowledge of how they are valued within the corporate strategy and what the corporate is. I know you are thinking of the town hall meetings, the lunch & learn, and the companywide training on customer service as C1’s primary focus. Did these excellent trainings inoculate the staff with knowledge to …show more content…

12) identifies even major forces leading to corporate interest in performance management:
• Failure to execute the strategy - An employee is hired and trained to produce a product or service but in most situations not knowing how their job helps to implement corporate strategy. It is crucial for executive management to present the corporate strategy to all employees and to identify for them how their positions add value to the corporate strategy.
• Escalation in accountability for results with consequences – Businesses are changing from the command-and-control managerial style to empowering managers and employees to make decisions at the same time holding them accountable for their decisions.
• Need for quick trade-off decision analysis – Giving managers and employees analytical tools to make quick decisions based on a full understanding of company

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